Parcel delivery firm DPD has committed to investing £200m in new vehicles and depots as it bets big on the lockdown-inspired ecommerce boom becoming retail’s “new normal”.
The firm said the investment would predominantly go towards expanding its next-day delivery capacity, including £100m on new vehicles, £60m on 15 new regional depots, with the remaining £40m to be spent on technology.
The business said that even prior to the coronavirus lockdown in March, demand for next-day delivery had “risen significantly” and it has forecasted that the online boom seen during the pandemic will continue.
It said the new investment and infrastructure would be in place before Black Friday this November, which it said “will be the busiest” in history.
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